According to Chinese downwind cotton net New York on September 3rd news, the Intercontinental Exchange (ICE) cotton futures rose Wednesday, aided in the cotton mills buying and technical support. Trading ICE12 cotton contract the most active closed up 0.65 cents, or 1%, at 65.96 cents a pound. This is the first day of the contract rose in the last four trading days, because the cotton mill use this week drop in prices to lock before ordering the price of cotton. Farmers are still on the sidelines, in December contract hit 85 cents since May highs of more than 20%, still hesitating whether to sell.

This week, the December contract a contract in March index for premium, the premium from Wednesday to 0.03 cents on Tuesday widened to 0.19 cents, 0.44 cents for a last Friday. America Department of agriculture (USDA) Tuesday in the weekly crop report announced that, as of August 31st week, the situation American cotton growth was excellent, good and the common ratio is 84%, the same period last year 77%. Dealers are concerned about the monthly supply and demand report American Ministry of Agriculture announced next week, the market wide report is expected to show, the expected American cotton production will be down slightly.